Filing Flows › Swarmer (SWMR) › Q2 2026
Swarmer (SWMR) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
Swarmer (SWMR) reported revenue of $216K for the second quarter 2026 (Q2 2026), +57% from a year earlier and +965% from the quarter before.
Swarmer, Q2 2026: revenue $216K (+57% year over year), net loss $7.3M, operating cash flow −$6.9M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $216K | +965% | +57% |
| Operating profit | −$7.3M | — | — |
| Net earnings | −$7.3M | — | — |
| Operating cash flow | −$6.9M | — | — |
What changed
Revenue was $216K in Q2 2026, up 57% year over year and up 965% from the previous quarter.
Gross margin was 84.8%, up 25.5 points from a year earlier. Operating costs exceeded revenue by $7.3M, an operating margin of -3363.7%. Operating expenses grew 773% against revenue growth of 57%. The fastest-growing cost line was SG&A (+1938%). The quarter ended with a net loss of $7.3M, wider than the previous quarter's $4.5M loss.
Operating cash flow was −$6.9M. Non-cash charges added back $58K of depreciation and $1.2M of share-based compensation. Working capital and other items used $772K. Capital expenditures of $224K exceeded it, leaving free cash flow of −$7.1M.
Questions
What was Swarmer's revenue in the second quarter 2026?
Swarmer (SWMR) reported revenue of $216K for the second quarter 2026 (Q2 2026), +57% from a year earlier and +965% from the quarter before.
Source: Swarmer 10-Q on SEC EDGAR.